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Investar (ISTR) Beats Q4 Earnings and Revenue Estimates
ISTRInvestar (ISTR) ZACKS·2025-01-24 02:06

Core Viewpoint - Investar (ISTR) reported quarterly earnings of 0.65pershare,significantlyexceedingtheZacksConsensusEstimateof0.65 per share, significantly exceeding the Zacks Consensus Estimate of 0.40 per share, marking a 62.50% earnings surprise [1][2] Financial Performance - The company achieved revenues of 22.65millionforthequarterendedDecember2024,surpassingtheZacksConsensusEstimateby11.6122.65 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 11.61% and showing an increase from 20.25 million year-over-year [2] - Over the last four quarters, Investar has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance and Outlook - Investar shares have declined approximately 8.6% since the beginning of the year, contrasting with the S&P 500's gain of 3.5% [3] - The company's current consensus EPS estimate for the upcoming quarter is 0.39,withexpectedrevenuesof0.39, with expected revenues of 20.45 million, and for the current fiscal year, the estimate is 1.83onrevenuesof1.83 on revenues of 87.37 million [7] Industry Context - The Banks - Southeast industry, to which Investar belongs, is currently ranked in the top 20% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8]